Whales buy 573.4 billion SHIB as price rises slightly


According to prominent wallet tracker WhaleStats, which focuses on multiple major blockchains, including Ethereum, Polygon, and BSC, top ETH whales have significantly raised their SHIB holdings by 500 billion Shiba Inu over the previous two days.

In the previous twenty-four hours, the price of this ambitious meme currency has seen a small growth.

According to U.Today, the 100 biggest Ethereum wallets fully removed SHIB from their top holdings last week. On Saturday, the leading dog token was once again among the top 10 digital assets people are betting on.

On Saturday, December 17, the equivalent USD value of these whales’ SHIB supply was $44,108,128. Since then, it has risen by little more than $5 million worth of SHIB; consequently, the whales now own Shiba Inus worth $49,583,904 dollars.

The price of a Shiba Inu has fluctuated significantly since Sunday, as seen by the cost chart. The price of the meme currency increased by more than 8% on Sunday after two straight green candles were produced.

After that, there was a nearly 4% decline, followed by a 3.17 % increase overnight. At the time of writing, the price per token of the second most popular meme cryptocurrency was $0.00000870.

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